[Hong Kong Security Bureau Establishes Virtual Asset Intelligence Task Force to Promote Payment Suspension Mechanism Against Fraud] Hong Kong Security Bureau Chief Chris Tang Ping-keung stated that with the increasing number of fraud cases involving virtual assets, the Security Bureau has established a Virtual Asset Intelligence Task Force and is collaborating with relevant virtual asset platforms to create a 'payment suspension mechanism.' Tang pointed out that some fraud methods have shifted from traditional bank transfers to virtual asset platforms, and virtual asset service providers need to establish mechanisms similar to those of banks. Once fraudulent activity is detected and the funds remain on the platform, the relevant funds should be immediately frozen to prevent further losses. This initiative aims to strengthen efforts to combat crimes related to virtual assets.